Advanced Magnet Lab, Inc. (AML) has announced a successful year of advancing its technology, capabilities and strategic relationships for positioning into commercial manufacturing of permanent magnet products.
AML's manufacturing capabilities are built on the backbone of its technology, PM-Wire, which is a scalable and modular manufacturing process that has the ability to produce nonsintered and sintered permanent magnets at a high rate and high yield. The process is adaptable to a variety of applications, including those that benefit from magnets in unique configurations and material compositions, such as electric motors.
The company's first step into high-rate commercial manufacturing will be nonsintered permanent magnets for select commercial and defense customers. AML has several development programs underway for enabling electric motor applications, including a collaboration with Oak Ridge National Laboratory (ORNL) for an electric vehicle motor. AML plans to co-locate manufacturing with customers or supply chain partners, with preliminary discussions underway with several United States jurisdictions for site locations.
The collaboration with ORNL is an example of the value of PM-Wire. The technology will replace 2,750 complex Halbach array sintered magnets with eight nonsintered helical magnets and eliminate the need to actively cool the motor rotor with equal motor performance. AML envisions this demonstration as a potential springboard into commercial automotive applications.
Additionally, the company has several other active programs with commercial entities providing for similar benefits to the end-use applications in industrial generators, aerospace and defense.
Going forward, the company will continue to expand its development programs and explore new material compositions for sintered and nonsintered magnets at its two locations, on the Space Coast, in Brevard County, FL. These locations, which encompass approximately 10,000 sq. ft., will continue to support customers with prototyping and research and development for alloys and magnets.
AML foresees scaling manufacturing organically in 2024 through strategic partnerships with customers and material providers. At its current locations in Florida, the company can support an output of approximately 200 MTPA of permanent magnets.
For more information contact:
Advanced Magnet Lab, Inc.
321-728-7543
www.mitusmagnets.com